World News (12)
USA (335)
California (187)
Bay Area (11)
San Francisco (340)
Schwab (66)
2004
Business (13)
Schwab, January 2004
Schwab, February 2004
Schwab, March 2004
Schwab, April 2004
Schwab, May 2004
Schwab, June 2004
Schwab, July 2004
Schwab, August 2004
Schwab, September 2004
Schwab, October 2004
Schwab, November 2004
Schwab, December 2004
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| Jan.22 |
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Highest profit since market's peak Discount broker earned $148 million, or 11 cents per share, in the 4th quarter, reversing a loss of $79 million | |
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| Feb.2 |
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CEO realizes $6.3 million gain from options David Pottruck sold 574,818 of his stock options in the discount brokerage during the past few days
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| Mar.23 |
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Schwab to step down from Gap board Stock brokerage pioneer is ending an 18-year stint with the clothing retailer
| Mar.29 |
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Schwab, CEO decline $8 million in bonuses Charles Schwab Chairman Charles Schwab and CEO David Pottruck declined bonuses totaling last year
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| Apr.20 |
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1st-quarter profit more than doubles Rejuvenated investors carried the stock broker to its best quarter since the .com bust decimated its business | |
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| May.25 |
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Commissions lowered The online stock brokerage leader will lower online trading commissions for its average customers by 33%
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| Jul.20 |
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Charles Schwab recalled as CEO Discount broker dumped CEO David Pottruck and replaced him with founder. Schwab reported a 10% drop in profit | |
| Jul.28 |
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Schwab to close 53 branches Charles Schwab has laid off another 245 workers
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| Aug.31 |
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Schwab sells division to UBS for $265 m Backpedaling from a recent expansion, the company is selling an institutional investment and research division
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| Sep.27 |
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Schwab Prepares to Cut Hundreds Jobs The layoff notices are going out in the area of Schwab technology, including people who run Schwab's website
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| Oct.4 |
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Schwab warns of revenue drop Slumping stock broker is cutting its online prices for all customers, hoping to lure back bargain-minded investors
| Oct.15 |
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Slump continues with $41 million loss Stock broker suffered a 3rd-quarter loss of $41 million, reflecting the costs of an expansion gone awry | |
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| Nov.8 |
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Ousted CEO gets $10 million contract Cost-cutting stock brokerage is keeping its recently ousted chief executive David Pottruck on its payroll | |
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